Displaying items by tag: Tyro

Business-only bank Tyro is claiming an Australian-first with its first merchant — Heinemann Australia — implementing the Chinese mobile payment platform Alipay in its new stores at Gold Coast International Airport.

Published in Mobility

Reinforcing its strategy to accept all payment types in response to merchant needs, business-only bank Tyro has entered an agreement with the world’s largest mobile and online payment platform, Alipay.

Published in Development

Promising "least-cost routing," Tyro says it offers "SMEs substantial savings on rerouted scheme debit tap-and-go payments."

Published in Development

In accordance with the RBA's request, business banker Tyro says it is "offering merchants the option of lower cost debit contactless payments".

Published in Development
Monday, 06 February 2017 11:50

Tyro says banks holding back SMBs, economy

Independent EFTPOS institution Tyro Payments claims Australian banks are holding back business and the economy because they won’t grant loans to small and medium-sized businesses unless owners put up their houses as collateral.

Published in Strategy
Tuesday, 24 January 2017 00:47

Tyro snares ex PayPal exec as new head of product

Banking and EFTPOS payments provider Tyro Payments has appointed former PayPal Credit Australian founder Kareem Al-Bassam as its new head of product.

Published in People Moves
Thursday, 01 December 2016 00:37

Xmas, New Year spending to hit $100 billion: Tyro

With Christmas and the year’s end there’s always a swag of reports about festive season spending. In a new report from EFTPOS payments provider Tyro, Australians are forecast to make 1.5 billion transactions between now and the end of the January post-Christmas sales – peaking at an estimated 85,000 transactions per minute - and amounting to a six week $100 billion spending spree.

Published in Strategy
Friday, 21 October 2016 17:44

Telstra digital chief now Tyro top man

Former Telstra digital chief Gerd Schenkel is the new boss of payments processing company Tyro, taking over from founder and largest shareholder Jost Stollmann.

Published in People Moves

Card payments provider Tyro has warned that Australia’s position in the global fintech market could be jeopardised if  big banks are allowed to retain control of customer transaction data.

Published in Market
Friday, 11 September 2015 16:52

CBA outage comes under fire from Tyro

The Commonwealth Bank has copped a spray from Tyro over the latest of a string of outages of its online services, with the upstart payments provider saying it’s about time Australia’s banking system adopted world’s best practice and invested in state of the art systems required for the 21st century.

Thursday, 04 June 2015 16:24

Tyro, PayPal deal benefits SMEs

EFTPOS provider Tyro says half a million Australian small and medium sized businesses can now accept mobile payments in-store from millions of PayPal users through its new partnership with the global payments giant.

Published in Mobility

EFTPOS Payments provider Tyro Payments wants the fees banks and other financial institutions charge each other for processing credit and debit cards to be abolished.

Published in Strategy

Tyro Payments CEO Jost Stollmann claims low income Aussies are paying up to $500 million a year in unnecessary credit and debit card fees to subside richer Australians due to what he says are “hidden billing practices” of the largest banks.

Published in Market
Tuesday, 10 June 2014 12:29

MYOB takes stake in POS start-up

Accounting software vendor MYOB has taken up a minority stake in Australian Point-of-Sale start-up Kounta and will offer an integrated accounting and POS solution to the market.

Published in Accounting Software

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